August 2023 – NAI Ohio Equities, LLC

Beyond the Deal: Four Essential Steps Now That You’re Closing on Your Commercial Property

August 24, 2023July 9, 2024 Alexa BroylesBudgeting, Capital Expenses, Capital Reserve Study, certificate of insurance, Closing on Commercial Property, columbus, commercial real estate, CRE, Insurance, Preparing for Occupancy, property management, Property taxes, Reserve Funding Plan

Your offer has been accepted, you’ve completed your due diligence, and you’re closing on your commercial property – so, what’s next? Whether you are a commercial property owner or tenant, there are still more details to attend to. From preparing your space for occupancy to budgeting for long-term capital expenses, these are the must-do’s now that you’re closing. 1. Prepare the Space for Occupancy Now that you’ve found the perfect space for your business, or secured the ideal tenant, it’s time to begin making it your own. You’ll need to…

July Closed Transactions

August 3, 2023July 9, 2024 Alexa Broylescolumbus, commercial real estate, CRE, industrial, investment, land, office, retail, transactions, Warehouse

July was a strong month for our brokerage with 18 closed transactions totaling 328,288 square feet – six of which were multimillion-dollar transactions. Once again, the Office Brokerage Group of Matt Gregory, SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird, SIOR had the largest transaction of the month with the sale of 400 E. Campus View for $7.5 million. The 12-acre site, which is home to an obsolete one-story office building in the Crosswoods neighborhood of Worthington, was sold to Champion Cos. for redevelopment. Champion Cos. will build 395 units…